Family Office Briefing on research byLee & Associates·Apr 22, 2025
2025.Q1 Western Pennsylvania, PA - Industrial
Western Pennsylvania industrial market shows stability with 4.7% vacancy in Q1 2025 — family offices should consider co-GP opportunities with experienced operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 4.7% |
| Net Absorption | -132,615SF |
| Average Asking Rent | 8.71$/SF |
| Sale Price | 27.00$/SF |
| Cap Rate | 8.80% |
Metrics extracted from the source report and independently fact-checked. Method →
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